GURUFOCUS.COM » STOCK LIST » USA » NAS » INDUS Realty Trust Inc (NAS:INDT) » Definitions » Current Ratio
Switch to:

INDUS Realty Trust Current Ratio

: 5.87 (As of Mar. 2022)
View and export this data going back to 1990. Start your Free Trial

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. INDUS Realty Trust's current ratio for the quarter that ended in Mar. 2022 was 5.87.

INDUS Realty Trust has a current ratio of 5.87. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for INDUS Realty Trust's Current Ratio or its related term are showing as below:

INDT' s Current Ratio Range Over the Past 10 Years
Min: 1.39   Med: 5.72   Max: 19.01
Current: 5.87

During the past 13 years, INDUS Realty Trust's highest Current Ratio was 19.01. The lowest was 1.39. And the median was 5.72.

INDT's Current Ratio is ranked better than
87.63% of 1794 companies
in the Real Estate industry
Industry Median: 1.74 vs INDT: 5.87

INDUS Realty Trust Current Ratio Historical Data

The historical data trend for INDUS Realty Trust's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

INDUS Realty Trust Annual Data
Trend Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20
Current Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.40 5.19 5.56 1.39 8.71

INDUS Realty Trust Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Current Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.02 2.26 7.90 5.87 4.50

Competitive Comparison

For the Real Estate Services subindustry, INDUS Realty Trust's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

INDUS Realty Trust Current Ratio Distribution

For the Real Estate industry and Real Estate sector, INDUS Realty Trust's Current Ratio distribution charts can be found below:

* The bar in red indicates where INDUS Realty Trust's Current Ratio falls into.



INDUS Realty Trust Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

INDUS Realty Trust's Current Ratio for the fiscal year that ended in Nov. 2020

Current Ratio (A: Nov. 2020 )=Total Current Assets (A: Nov. 2020 )/Total Current Liabilities (A: Nov. 2020 )
=48.141/5.527
=8.71

INDUS Realty Trust's Current Ratio for the quarter that ended in Mar. 2022 is calculated as

Current Ratio (Q: Mar. 2022 )=Total Current Assets (Q: Mar. 2022 )/Total Current Liabilities (Q: Mar. 2022 )
=138.168/23.547
=5.87

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


INDUS Realty Trust  (NAS:INDT) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


INDUS Realty Trust Current Ratio Related Terms

Thank you for viewing the detailed overview of INDUS Realty Trust's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


INDUS Realty Trust Business Description

INDUS Realty Trust logo
Traded in Other Exchanges
Address
641 Lexington Avenue, 26th Floor, New York, NY, USA, 10022
INDUS Realty Trust Inc is a real estate company. The company is engaged in developing, managing and leasing industrial properties, and to a lesser extent, office/flex properties. The major developments include industrial parks, Carolina Tradeport, New England Tradeport, and Lehigh Valley.
Executives
Cpref Ii Aiv Ii - A, L.p. 10 percent owner 375 PARK AVENUE NEW YORK NY 10152
Centerbridge Partners Real Estate Associates Ii, L.p. 10 percent owner 375 PARK AVENUE NEW YORK NY 10152
Centerbridge Partners Real Estate Fund Sbs Ii, L.p. 10 percent owner 375 PARK AVENUE NEW YORK NY 10152
Cpref Ii Cayman Gp Ltd. 10 percent owner 375 PARK AVENUE NEW YORK NY 10152
Cpref Ii Aiv Ii - B, L.p. 10 percent owner 375 PARK AVENUE NEW YORK NY 10152
Aronson Jeffrey 10 percent owner 375 PARK AVENUE, 12TH FLOOR NEW YORK NY 10152
Ccp Sbs Gp, Llc 10 percent owner C/O CENTERBRIDGE PARTNERS, L.P. 375 PARK AVENUE, 12TH FLOOR NEW YORK NY 10152
Conversant Gp Holdings Llc 10 percent owner 90 PARK AVENUE 32ND FLOOR NEW YORK NY 10016
Conversant Capital Llc 10 percent owner 25 DEFOREST AVENUE, 3RD FLOOR SUMMIT NJ 07901
Simanovsky Michael 10 percent owner 90 PARK AVENUE 32ND FLOOR NEW YORK NY 10016
Clark Jon W. officer: Executive Vice President 420 LEXINGTON AVE. NEW YORK NY 10170
Daniells Thomas M officer: Senior Vice President 20 RIVER ROAD ESSEX CT 06426
Yaghoubi Ardevan director 90 PARK AVENUE 32ND FLOOR NEW YORK NY 10016
Dugan Gordon F director 50 ROCKEFELLER PLZ 2ND FLOOR NEW YORK NY 10020
North Molly director 3456 CORNELL PL CINCINNATI OH 45220

INDUS Realty Trust Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)